(rfq) document for development of four laning of rewa ring road on ...

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RFQ <strong>document</strong> <strong>for</strong> <strong>development</strong> <strong>of</strong> Four Laning <strong>of</strong> Rewa Ring Road on BOT (Toll + Annuity)basisApplicants must satisfy themselves that they are qualified to bid, andshould give an undertaking to this effect in the <strong>for</strong>m at Appendix-I.1.2.2 In the Qualification Stage, Applicants would be required t<strong>of</strong>urnish all the in<strong>for</strong>mation specified in this RFQ. Only thoseApplicants that are pre-qualified and short-listed by the Authority shallbe invited to submit their Bids <strong>for</strong> the Project. The Authority is likely toprovide a comparatively short time span <strong>for</strong> submission <strong>of</strong> the Bids <strong>for</strong>the Project. The Applicants are, there<strong>for</strong>e, advised to visit the site andfamiliarize themselves with the Project.1.2.3 In the Bid Stage, the Bidders will be called upon to submit theirfinancial <strong>of</strong>fers (the "Bids") in accordance with the RFP and other<strong>document</strong>s to be provided by the Authority (collectively the "BiddingDocuments"). The Bidding Documents <strong>for</strong> the Project will be providedto every Bidder on payment <strong>of</strong> Rs.50,000.00 (Rupees fifty thousandonly). The Bid shall be valid <strong>for</strong> a period <strong>of</strong> not less than 120 daysfrom the date specified in Clause 1.3 <strong>for</strong> submission <strong>of</strong> bids (the“Bid Due Date”).1.2.4 In terms <strong>of</strong> the RFP, a Bidder will be required to deposit, along with itsBid, a bid security equivalent to R s . 6 7 . 0 0 l a c s (the "BidSecurity"), refundable no later than 60 (sixty) days from the BidDue Date, except in the case <strong>of</strong> the selected Bidder whose Bid Securityshall be retained till it has provided a Per<strong>for</strong>mance Security under theConcession Agreement. The Bidders will have an option to provide BidSecurity in the <strong>for</strong>m <strong>of</strong> a demand draft or a bank guarantee acceptable tothe Authority and in such event, the validity period <strong>of</strong> the demand draftor bank guarantee, as the case may be, shall not be less than 180 (onehundred and eighty) days from the Bid Due Date, inclusive <strong>of</strong> a claimperiod <strong>of</strong> 60 (sixty) days, and may be extended as may be mutuallyagreed between the Authority and the Bidder from time to time.The Bid shall be summarily rejected if it is not accompanied by the BidSecurity.1.2.5 Generally, the Highest Bidder shall be the selected Bidder. The remainingBidders shall be kept in reserve and may, in accordance with the processspecified in the RFP, be invited to match the Bid submitted by theHighest Bidder in case such Highest Bidder withdraws or is not selected<strong>for</strong> any reason. In the event that none <strong>of</strong> the other Bidders match the Bid<strong>of</strong> the Highest Bidder, the Authority may, in its discretion, invite fresh________________________________________________________________________________________________________________________________NIT No. MPRDC/BOT (T+A)/PQ/2012/ 7783 Bhopal, dated 27.09.2012 - 8 -
RFQ <strong>document</strong> <strong>for</strong> <strong>development</strong> <strong>of</strong> Four Laning <strong>of</strong> Rewa Ring Road on BOT (Toll + Annuity)basisBids from the remaining Bidders or annul the Bidding Process, as thecase may be.1.2.6 Du<strong>ring</strong> the Bid Stage, Bidders are invited to examine the Project ingreater detail, and to carry out, at their cost, such studies as may berequired <strong>for</strong> submitting their respective Bids <strong>for</strong> award <strong>of</strong> theconcession including implementation <strong>of</strong> the Project.1.2.7 As part <strong>of</strong> the Bidding Documents, the Authority will provide a draftConcession Agreement and project report/ feasibility report preparedby the Authority/ its consultants and other in<strong>for</strong>mation pertaining/relevant to the Project available with it.1.2.8 Bids will be invited <strong>for</strong> the Project on the basis <strong>of</strong> the lowest financialAnnuity (the "Annuity") required by a Bidder <strong>for</strong> implementingthe Project. The concession period shall be pre-determined, and willbe indicated in the draft Concession Agreement <strong>for</strong>ming part <strong>of</strong> theBidding Documents. The Project shall be awarded to the Bidder quotingthe lowest Annuity.In this RFQ, the term “Highest Bidder” shall mean the Bidderis <strong>of</strong>fe<strong>ring</strong> the lowest Annuity.who1.2.9 The Concessionaire shall be entitled to levy and charge a predetermineduser fee from users <strong>of</strong> the Project under and inaccordance with the Toll Policy being followed in the State <strong>of</strong>Madhya Pradesh.1.2.10 Further and other details <strong>of</strong> the process to be followed at the BidStage and the terms there<strong>of</strong> will be spelt out in the BiddingDocuments.1.2.11 Any queries or request <strong>for</strong> additional in<strong>for</strong>mation concerning thisRFQ shall be submitted in writing or by fax and e-mail to the<strong>of</strong>ficer designated in Clause below.The e nvelopes/communications shall clearly bear the followingidentification/ title:________________________________________________________________________________________________________________________________NIT No. MPRDC/BOT (T+A)/PQ/2012/ 7783 Bhopal, dated 27.09.2012 - 9 -
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